You know Bitcoin but are you aware that there are 10 other cryptocurrencies that you can invest in in 2022 that will give you huge profit?
Cryptocurrencies are gaining ground for providing seamless transaction payments within a brief period. Crypto investors are interested in the cryptocurrency market’s volatility, owing to the rise of thousands of cryptocurrencies. There are several cryptos with potentials besides Bitcoin that you can trade on many exchange platform including https://yuan-pay-group.io/ and others. With the global cryptocurrency market speculated to hit $2.2 billion in 2026, investors must look out for cryptocurrencies with better potential to drive profit in crypto wallets.
Below are 10 cryptocurrencies you can invest in 2022
Ethereum is the second most popular crypto, and it is the world’s first blockchain to be built on Bitcoin’s innovation. It is programmed to overcome the necessary concerns of investors and provide uninterrupted service to its investor and drive profit to their crypto wallets. The platform offers developers a medium to build their projects and implement smart contracts, potentially revolutionizing many industries. The upgrade to Ethereum 2.0 is set to make global waves. The current price is $2,731.38, while the market cap is $326.80.
2. Binance Coin
This is the second-largest global crypto exchange with a growing token population. This crypto can be traded on the exchange platform effectively and efficiently. Binance is gaining popularity for being competitive and safe. The current price is $394.76, while the market cap is $65.05 billion.
Solana is popular crypto that ensures compatibility between ecosystem projects to maintain a global statistic. It is an open-source protocol with a speed of 400 millisecond block times. Its potential is capable of transforming the crypto market. The current price is $92..03 while the market cap is $29.40.
Dogecoin is peer-peer crypto. The Shiba Inu dog serves as the emblem for Dogecoin; even though the initial development started as a joke, the blockchain still retains value. Litecoin is the technology that underpins it; this coin will impact 2022. Dogecoin was launched in 2013.
Tether is a stable coin backed up by fiat currencies like Euro and US Dollars and hypothetically keeps a value equivalent to one of those denominations. Tether is favored by investors who are tired of the extreme volatility of other coins. Tether’s value is more consistent than other cryptocurrencies.
Polkadot is a project called Web 3.0. It is known for growing, and compared to Ethereum, its charges are low, and the speed rate is fast. DOT allows cross-blockchain transfers to offer the ability to inter-operate with a large variety of blockchains in the Polkadot network for investors. Crypto traders are so sure that Polkadot will make an impact in 2022. The current price is $17.32, while the market cap is $17.06 billion
Cardano is significant for its early acceptance of proof-of-stake attestation. This method accelerates the transaction time and reduces energy usage by removing the problem-solving aspect and competitive transaction verification present in platforms like Bitcoin. This crypto combines technologies to
offer unparalleled sustainability to DApps. This crypto is powered by ADA and works like Ethereum to enable decentralized applications and enable smart contracts. The current price is $0.87, while the market cap is $29.90.
XRP is one of the top cryptocurrencies to help crypto investors yield profit other than Bitcoin. It is a digital asset built for payments and sent directly without any central authority. It acts as the most reliable crypto with the potential to source liquidity on demand. The current price is $0.74, while the market cap is $35.34 Billion.
Litecoin, also known as LTC, is an open-source software project and a peer-to-peer cryptocurrency released under the MIT/X11 license. It started in October 2013. In 2017, it became the first cryptocurrency to develop Segregated Witness. Later in May of the same year, the first Lightning Network transaction was completed through Litecoin, transferring 0.00000001 LTC from Zürich to San Francisco in under one second.
In 2020, PayPal added the capacity for users to buy a derivative of Litecoin alongside Ethereum, Bitcoin Cash, and Bitcoin, which could not be spent or even withdrawn as part of its feature. In 2022, Litecoin has reached a market cap of $8.7 Billion.
Avalanche is one famous cryptocurrency that helps create a collective global market to trade digital currency impeccably. This crypto is mainly known for the proof-of-stake conformity algorithm to advance DApps to increase the platform. The current price is $77.33, while the market cap is $20.50 billion.